Housing Finance for July still on a roller-coaster ride: REIA
The latest ABS report shows historic falls in the value of home loans in May is followed by historical growth for the second month in a row, according to Adrian Kelly, president, REIA.
First-home buyers at highest share of market in five years
Continued weakness in housing finance numbers is leading the banks to compete for market share by lowering interest rates for both investors and owner-occupiers, says Malcolm Gunning, president of the REIA.